JAT Capital Mgmt LP's Q2 2023 13F: 20 new positions, 14 exits

Form 13F-HR for the quarter ended Jun 30, 2023 · filed Aug 14, 2023 · 36 reported positions · accession 0001892688-23-000076

What changed this quarter

JAT Capital Mgmt LP's changes in reported equity positions, Q2 2023
Activity Security Weight before Weight now Change Shares Shares %
Exited SEAWORLD ENTMT INC (PRKS) 25.4% — −25.4 pts −1.39M sh −100%
Increased MICRON TECHNOLOGY INC (MU) 4.3% 16.8% +12.6 pts +917K sh +387%
Increased MATCH GROUP INC NEW (MTCH) 3.2% 9.0% +5.8 pts +655K sh +235%
New ALPHABET INC (GOOGL) — 6.1% +6.1 pts +220K sh new
New GLOBAL E ONLINE LTD (GLBE) — 5.6% +5.6 pts +593K sh new
New PURE STORAGE INC (PSTG) — 5.2% +5.2 pts +612K sh new
Exited PINTEREST INC (PINS) 4.9% — −4.9 pts −605K sh −100%
Exited PROCORE TECHNOLOGIES INC (PCOR) 4.3% — −4.3 pts −233K sh −100%
Reduced SPOTIFY TECHNOLOGY S A (SPOT) 4.2% 0.3% −3.9 pts −98,555 sh −93%
Exited BLOCK INC (XYZ) 3.3% — −3.3 pts −162K sh −100%
Exited FLEETCOR TECHNOLOGIES INC (FLT) 3.3% — −3.3 pts −51,820 sh −100%
Exited AVIS BUDGET GROUP (CAR) 3.2% — −3.2 pts −54,646 sh −100%
Exited RH (RH) 3.1% — −3.1 pts −42,992 sh −100%
New ROBLOX CORP (RBLX) — 3.0% +3.0 pts +320K sh new
New LOUISIANA PAC CORP (LPX) — 2.8% +2.8 pts +160K sh new
New MONGODB INC (MDB) — 2.6% +2.6 pts +27,500 sh new
New OVERSTOCK COM INC DEL (BBBY) — 2.6% +2.6 pts +343K sh new
Exited CHEWY INC (CHWY) 2.5% — −2.5 pts −223K sh −100%
Exited DAVE & BUSTERS ENTMT INC (PLAY) 2.4% — −2.4 pts −214K sh −100%
New MICROSOFT CORP (MSFT) — 2.1% +2.1 pts +26,928 sh new
Increased NETFLIX INC (NFLX) 1.0% 2.9% +1.9 pts +18,500 sh +193%
Reduced HUBSPOT INC (HUBS) 2.1% 0.2% −2.0 pts −15,248 sh −92%
New SUPER MICRO COMPUTER INC (SMCI) — 1.8% +1.8 pts +31,802 sh new
New CONFLUENT INC (CFLT) — 1.7% +1.7 pts +214K sh new
New SERVICENOW INC (NOW) — 1.6% +1.6 pts +12,688 sh new
Reduced META PLATFORMS INC (META) 6.7% 5.8% −0.8 pts −17,212 sh −16%
Increased DRAFTKINGS INC NEW (DKNG) 1.3% 2.6% +1.2 pts +184K sh +79%
Exited SNOWFLAKE INC (SNOW) 1.1% — −1.1 pts −24,215 sh −100%
Increased THE TRADE DESK INC (TTD) 0.9% 1.9% +1.0 pts +57,247 sh +112%
New ACADEMY SPORTS & OUTDOORS IN (ASO) — 0.9% +0.9 pts +75,000 sh new
Increased NVIDIA CORPORATION (NVDA) 8.3% 10.6% +2.4 pts +9,256 sh +9%
New RPM INTL INC (RPM) — 0.7% +0.7 pts +36,109 sh new
New GENERAC HLDGS INC (GNRC) — 0.7% +0.7 pts +20,470 sh new
New ADVANCED MICRO DEVICES INC (AMD) — 0.6% +0.6 pts +24,216 sh new
Exited IHEARTMEDIA INC (IHETW) 0.5% — −0.5 pts −434K sh −100%
New EPAM SYS INC (EPAM) — 0.4% +0.4 pts +8,300 sh new
Exited INTUIT (INTU) 0.4% — −0.4 pts −3,064 sh −100%
Exited MARVELL TECHNOLOGY INC (MRVL) 0.4% — −0.4 pts −30,159 sh −100%
Increased MERCADOLIBRE INC (MELI) 2.6% 2.2% −0.4 pts +1,404 sh +21%
Reduced DISH NETWORK CORPORATION (DISH) 1.7% 0.6% −1.1 pts −238K sh −39%
Increased AMAZON COM INC (AMZN) 3.9% 4.2% +0.3 pts +11,872 sh +9%
Exited WESTERN DIGITAL CORP. (WDC) 0.4% — −0.4 pts −31,541 sh −100%
Increased CLOUDFLARE INC (NET) 0.5% 0.8% +0.2 pts +22,605 sh +78%
New RUMBLE INC (RUM) — 0.2% +0.2 pts +119K sh new
New ETSY INC (ETSY) — 0.2% +0.2 pts +11,238 sh new
New SHUTTERSTOCK INC (SSTK) — 0.2% +0.2 pts +18,274 sh new
Reduced NIKE INC (NKE) 3.9% 2.5% −1.4 pts −7,678 sh −7%
New UBER TECHNOLOGIES INC (UBER) — 0.1% +0.1 pts +8,300 sh new
Increased DOORDASH INC (DASH) 0.1% 0.1% +0.1 pts +3,176 sh +83%
Reduced ZILLOW GROUP INC (ZG) 0.1% 0.1% 0.0 pts −185 sh −2%

Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled

Top 10 positions — 69.3% of the equity book

Changes in the top 10 this quarter: MTCH entered · GOOGL entered · GLBE entered · PSTG entered · RBLX entered · NFLX entered · PRKS left · PINS left · PCOR left · SPOT left · NKE left · XYZ left

# Security Weight before Weight now
1 MICRON TECHNOLOGY INC (MU) 4.3% 16.8%
2 NVIDIA CORPORATION (NVDA) 8.3% 10.6%
3 MATCH GROUP INC NEW (MTCH) 3.2% 9.0% Entered the top 10
4 ALPHABET INC (GOOGL) 0.0% 6.1% Entered the top 10
5 META PLATFORMS INC (META) 6.7% 5.8%
6 GLOBAL E ONLINE LTD (GLBE) 0.0% 5.6% Entered the top 10
7 PURE STORAGE INC (PSTG) 0.0% 5.2% Entered the top 10
8 AMAZON COM INC (AMZN) 3.9% 4.2%
9 ROBLOX CORP (RBLX) 0.0% 3.0% Entered the top 10
10 NETFLIX INC (NFLX) 1.0% 2.9% Entered the top 10
— SEAWORLD ENTMT INC (PRKS) 25.4% 0.0% Left the top 10
— PINTEREST INC (PINS) 4.9% 0.0% Left the top 10
— PROCORE TECHNOLOGIES INC (PCOR) 4.3% 0.0% Left the top 10
— SPOTIFY TECHNOLOGY S A (SPOT) 4.2% 0.3% Left the top 10
— NIKE INC (NKE) 3.9% 2.5% Left the top 10
— BLOCK INC (XYZ) 3.3% 0.0% Left the top 10

Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).